Deputy Chief Minister Bhatti Vikramarka has announced that the State government has initiated SPEED (Smart, Proactive, Efficient, and Effective Delivery) to expedite the completion of 19 significant projects within the designated timeline.
He stated, “This program emphasizes real-time monitoring, proactive execution, and efficient resource management to ensure projects are delivered on time and maximize benefits for the public.”
While presenting the annual budget for 2025-26 in the Assembly on Wednesday, Bhatti Vikramarka noted that some key projects under SPEED include the Musi Riverfront Development, Metro Rail Expansion, Regional Ring Road construction, the construction of Telangana Bhavan in Delhi, a new building for Osmania Hospital, and the implementation of Anti-Narcotics Strategies.
He further informed that the State government is pioneering the development of India’s first Net-Zero Future City, setting a new standard in sustainable and smart urbanisation.
Designed to rival the world’s top cities, this eco-friendly, ultra-modern metropolis will feature state-of-the-art infrastructure, cutting-edge technology, and a pollution-free environment. Spanning 765 sq. km across 56 villages between the Srisailam and Nagarjuna Sagar highways, this transformative mega-urban project is meticulously planned to drive innovation and economic growth, Bhatti Vikramarka said.
To ensure its seamless execution, the Future City Development Authority (FCDA) has been established. This nextgeneration city will be equipped with multimodal connectivity, an electric public transport network, and green buildings, fostering a sustainable and smart living ecosystem, he said.
The Deputy Chief Minister said the FCDA will house specialised zones such as an AI City, Pharma Hub, Sports City, and Clean Energy Innovation Zone, making it a global hub for technology, industry and sustainable development.